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Rating: ★ ★ ★ ☆ ☆

Edelweiss Mid Cap - Direct Plan - Growth Option

NAV

25.419
+ 0.225

as on (05 Jun, 2020)

RETURNS

-0.57 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

0.67 %

Benchmark

IISL NIFTY Midcap 100 TR INR

Asset Size

796.09 Cr.

(As of 30 Apr, 2019)

Risk

High

Objective

The investment objective is to seek to generate long-term capital appreciation from a portfolio that predominantly invests in equity and equity-related securities of Mid Cap companies. However, there can be no assurance that the investment objective of the Scheme will be realised.

Fund manager

Harshad Patwardhan

(since 26 Dec, 2007)

Exit load

1 %

(If redeemed within 360 days)

Minimum sip

₹ 500

minimum investment

₹ 5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

RBL Bank Ltd

4.87 %

Divi's Laboratories Ltd

4.26 %

Apollo Hospitals Enterprise Ltd

3.65 %

Mahindra & Mahindra Financial Services Ltd

3.12 %

Sector Allocation

About the Scheme Type

Mid Cap Fund

Mid cap funds invest only in mid cap companies – those with a market capitalization of INR 500 – INR 10000 Crores. Mid cap funds can be highly volatile and risky; hence, isn’t recommended for first-time investors as well as investors with low risk appetite. The ideal investment horizon for mid cap funds is 5 -7 years and does offer higher returns than both multi cap and large cap funds. However, the flip side to it is that during economic turmoil and crises, mid cap funds can fall down excessively. So, be careful while picking Mid cap funds.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

★ ★ ★ ☆ ☆

Overview of Edelweiss Asset Management Limited

Edelweiss Financial Services is one of India’s leading financial
conglomerates, offering a robust platform, to a diversified client
base across domestic and global geographies. Customer centricity
is core to the Edelweiss Financial Services. Being present in every
financial life stage of a customer, helping them create, grow and
protect their wealth, are our key lines of business.

Edelweiss Mutual Fund suite encompasses the entire risk return
spectrum and are designed to offer the best opportunity for
investment growth in Indian & global asset classes. We, at
Edelweiss Mutual Fund, believe in providing simple True To Label
products and solutions for investors. We also provide world class
knowledge platforms for our partners and investors to keep them
updated. Our endeavour is to provide the best digital experience to
investors and partners through continuous innovation and cutting
edge technology.

Edelweiss Financial Services group is an exciting place to work
with young team and diverse experience. We strongly believe and
value team work. We are present across the country in 11
locations with a robust team with rich experience across the Asset
Management industry.